Plan Ledger DOL Form 5500 · updated monthly

Beltway International, LLC401(k)

BELTWAY INTERNATIONAL, LLC 401(K) PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
0.84%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Beltway International, LLC reported $72,286 in plan administrative expenses for 2023: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,079 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.72% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,023rd of 1,671), and 2,756th of 5,215 in retail trade. In 2023, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,391,224
Participants with balances148
Active participants206
Employer contributions$222,281
Employee contributions$708,853
Employer contribution per active participant$1,079
Average account balance$63,454
Benefits paid to participants$784,899
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH CRONIN & SORRA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $203K emplr
2023$9.4M · 148 accts · $222K emplr
2022$7.9M · 145 accts · $209K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,291
Investment management$24,095
Audit (IQPA)$12,900
Total administrative$72,286
The Beltway International, LLC 401(k) match · 2023
Employer contribution per active participant$1,079
Median for plans this size$1,308
2023$1,079 per active participant
2022$993 per active participant

Beltway International, LLC's 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,291
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$24,095
WEYRICH,CRONIN & SORRA · Accounting / audit$12,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$72,286 · 0.84%
2022$59,131 · 0.72%
Same employer
Similar plansRetail Trade · Maryland
Bray & Scarff, Inc. MD$11.0M · 0.33%
The Frederick Motor Company MD$10.9M · 0.60%
Jim Coleman Toyota, Inc. MD$10.1M · 0.62%
Finch Turf Inc. MD$9.4M · 0.42%
Preston Ford, Inc. MD$8.9M · 0.94%
Ernest Maier, Inc. MD$8.7M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522059895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.